IFSC Code, MICR Codes for CORPORATION BANK in KARNATAKA - BAGALKOTE - BILGI - BILGI

CORPORATION BANK RTGS HO Branch in BILGI - Address, IFSC, MICR Code


IFSC Code

CORP0000393

MICR Code

587017503

Branch

BILGI

Contact

275264

Address

OPP. GLBC OFFICE BHAISARKAR BLDG BILGI 587116

City

BILGI

District

BAGALKOTE

State

KARNATAKA





What is IFSC Code of CORPORATION BANK situated at BILGI- RTGS-HO?
IFSC Code of CORPORATION BANK situated at BILGI - RTGS-HO is

CORP0000393

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.